Top 10 Best Trend Following Indicators! – Good Trading Signals When Looking For Trends · 1. Moving Averages · 2. Moving Average ...TradingIndicatorschartpatternsTechnicalAnalysisTop10BestTrendFollowingIndicators!–GoodTradingSignalsWhenLookingForTrendsBySamuelsson27April,2020June12th,2021NoCommentsLastUpdatedon12June,2021bySamuelssonAsatrader,therearemanydifferenttypesofmarkettendenciesyouarelookingtoprofitfrom.Onafundamentallevel,youarelookingtotakeadvantageofthemostbasictendenciesofmarkets,suchastrendfollowing,breakouts,andmeanreversion.Inthisprocess,weoftenmakeuseoftradingindicatorstohelpusdefineandquantifythemarket’sbehaviorinaconsistentandreliablemanner.Byusingatradingindicator,you’renolongeratthewhimofyourownabilitytowatchandassessthemarketbehaviorbutareprovidedwithanobjectivemeasureofthemovementsofthemarket.Ofcourse,youneedtoformatradingstrategybasedonthesesignals,butit’snotincorrecttosaythattheyhelpalotwithremovingbiasesfromyourtrading!Inthisarticle,wearegoingtolookcloseratthetenbesttrendfollowingindicatorsthatcanbeusedtoeitherassessthestrengthofthetrend,aswellasitsdirection.Asyou’llsee,someofthesetrendfollowingindicatorsarereallycommonandwell-known,whileothersarelesspopular.However,theyallhavetheiruses,anddefinitelycanbeturnedintoprofitablestrategieswiththerighttechniques!Let’sstartwiththeperhapsmostcommontrendfollowingindicatorofthemall,namelythemovingaverageindicator.1.MovingAveragesMovingAverageThemovingaverageisperhapsthemostwell-knowntradingindicatorthereisintrading.Beingsosimple,itwasoneofthefirsttechnicalindicatorsthatwereusedbytechniciansbeforetheadventofcomputerizedtradingplatforms.Beingnomorethanasimpleaverage,itwasrelativelyeasytocalculateanddrawonaphysicalchart.Themostcommontradingapproachinvolvingmovingaveragesistoassumethatthetrendispositiveiftheaveragehasapositiveslope,andthepricetradesaboveit,withtheoppositeconditionsapplyingforanegativetrend.Whenusingmovingaveragestodeterminethedirectionofthetrend,it’softendonelongterm,usingthe200-periodmovi